Legally, the estate that belongs to your son would be liquidated and used to pay off creditors. Any outstanding balance beyond the value of the estate is "uncollectable" and must be written off by the creditors. Look to your legal professional for specific details as to how they apply to your specific situation. Warmest regrets for your loss.
No one. The family is not responsible for the debt. Credit cards want people to think they are, but it is volunteer to pay/assume the debt of the person who passed away.
Debts of the spouse are considered to have benefited both of them. He can be held responsible for the debts.
It would depend on the age of the child.
Yes. When an account is jointly held, all parties are equally responsible for the entire amount owed.
The responsibility for your grandmother's credit card debt typically falls on her estate after she passes away. If there are insufficient funds in the estate to cover the debt, the creditors may not be able to collect. It's advised to consult with a legal professional to understand the specific implications in this situation.
I live in California, and my grandmother passed away and I contacted the credit card companies, told them she died, sent a death certificate, and they took care of the debt.
Their closest relative probably
Your grandmother only co-signed. She would not be responsible for it unless he did not pay. Since she has passed away he is totally responsible for paying the debt.
The "you" who would be responsible for his credit card debt would be the benefactors of his estate. In most states, that automatically goes to the wife. I would check with an attorney before liquidating any assets to pay the debt.
Only if the couple resided in a community property state at the time of death.
My husband has termial cancer and I was wondering when he passes will I be responible for any credit card debts he has and any of his medical bills? We live in the state of Ohio.
if you are a joint user(you signed papers) then NOPE you're just as responsible. If you are an authorized user that may be different ans something to check into.